Wednesday 29 January 2020

Artifical Intelligence and Blockchain Technology a Deadly Combination

Artificial intelligence at present with its development has seen various uses in different domains and industries in the past few years. And blockchain technology has been changing the way the data is stored, shared and even accessed. Both these technologies have bought disruption in the way things worked. So what happens when AI and Blockchain are merged? A way of securing and sharing the data. AI imparts intelligence and Blockchain technology imparts security. 



How is this combination of technology beneficial? 

  • Cost and time effectiveness: Deloitte predicted that organizations are investing an upwards of 10$ million in the coming years. Artificial Intelligence with its machine learning can learn more about the environment and share real-time information and predictions to enhance productivity and accelerate business processes. Also for crypto miners, AI can analyze the pattern and identify useless transactions and performance so they can effectively manage their resources. 
  • Data Insurance: AI is dependent on data. It gathers data from humans and other data inputs. All this vital can be stored securely and have a track maintained by Blockchain. Since it's decentralized and has data stored on every computer on the network it is immutable to hacks and unauthorized changes
  • Trust: As no authorized changes can take place for the data stored on the blockchain network and same can be accessed with the need of a central server. With AI, it can learn about the data structure and accordingly behave. Together with giving accurate data analysis and security. 

Here's a use of Artificial Intelligence and Blockchain together 

Researchers often face an issue of data availability. Why : 
  • No access to data.
  • Trust factor.
  • Red tapism of government.
To overcome this OCEAN protocol was formed. It essentially uses blockchain development as the access layer to manage the authorization of data and let researchers use AI to run the algorithm on data. Data owners can securely share the data in form data silos with letting researchers to extract data from them and execute the algorithm with the silo's itself. "Ocean unlocks the value in private data while addressing privacy and data concerns" - Hackernoon 

Both technologies when merged can ultimately lead to hassle-free data management.



Tuesday 28 January 2020

Technologies and Trends that’ll Completely Change Web Development Scenario in 2020

With technology evolving every day, the past 2019 has seen many web technology and trends emerging that can completely change the way the user interacts with the brands or business.
 Here top web development technologies trend that'll rule in 2020.


1. IoT (Internet Of Things): In today's time the internet has become an important part of our life. This same applies to business. IoT is a new technology trend that connects a network of devices to the internet and provides service in some form. Ex. Google Home, Amazon Alexa. Currently, there are 30 billion IoT devices and by 2025 the number is predicted to reach 75.44 billion devices by 2025. To leverage, many companies are revamping their web.

2. Progressive Web Apps (PWA): This a new web application development trend being used by the developers to build web applications that look and work like an app without downloading it. This helps businesses to deliver Apps like experience to the user without downloading the application. Example: Starbucks ordering system, you place an order through their app or via their app like web application.

3. ChatBots: This is another web development trend that has seen a lot of attention from business. These bots essentially work as primary touchpoints for customers to interact with the brands and provide the needed support. Combined with AI these Chatbots converse just like a human agent.

4. Single Page Web Applications: One interesting trend in web development is the SPA. Where in the entire website works off a single page. How? It is done by re-loading the data in certain areas of the page in place of loading an entirely new page.

5. Artificial Intelligence: This technology will continue to dominate 2020 as it has seen and proven to be beneficial in various domains and scenarios. AI is a machine that thinks and acts just like a human would do. Many companies are leveraging to learn about their users and providing them with tailored services.


How do you as a company can take advantage of this? By outsourcing. Many web development companies offer such outsourced development services for various needs.